Factoring & Accounts Receivable

Elan Capital Is Here To Help

Help By Elan Capital, Inc

Elan Capital, Inc can help you determine Elan Capital can help you determine if factoring your company's accounts receivable is the right option for you.

Once you have come to a decision to factor, your Elan Capital Consultant will package the transaction in accordance with the factors requirements.

The Elan Capital Consultant will select from a wide variety of investors to find the right match for your company. Whether your company is in the start-up phase or you have out grown your cash flow, a Elan Capital Consultant can help factor your invoices and get the cash you need.

Frequently, a commercial bank cannot provide all the loan funds a growing company needs. A balance sheet is not liquid enough, or it can't clear off the bank debt every 6 or 12 months. A factor can provide funds to clear off bank loans periodically or make additional bank credit possible by guaranteeing accounts or replacing accounts receivables with cash. One of the biggest advantages of factoring is that businesses get immediate cash (from 70 -80% of the face value of the invoices) within 24-48 hours, which means you can accelerate your cash flow by speeding up payment of the receivables. You will have an immediate source of funds for operating expenses and future growth. You will be able to use your own, hard earned cash without having to wait 30, 60, 90 or 120 days to collect from customers. Additionally, since only receivables are used as collateral for the cash advance, other assets (such as real estate and equipment) can be used for future borrowing.